Burning Money is for business owners and entrepreneurs who want to know what mistakes NOT to make in marketing, sales, operations and finance.

Each episode shares one mistake, plus the take aways and real world advice on how to overcome it and save yourself ten and hundreds of thousands of dollars. 

This a bi monthly show so expect two episodes per month from us all about how not make costly mistakes.

The guests are hard to reach and hard to contact entrepreneurs who have learned from their mistakes and gone on to do make millions because of it. 

Subscribe to the only show that will save you at least S10,000 per episode! 

In this episode, we have Lucas Rubix,  to give his insights on how to weed out what is not important, the value of your time and so much more. Lucas has been helping people to turn their expertise, their knowledge, experience and their story into a profitable online coaching business. 

Enjoy listening!

In this episode:

- Lucas background in the coaching side of sales and marketing. 

- The one mistake that has cost Lucas the most and what has he learned from it.

- What are the things that Lucas have to cut out and what marketing activities did you say no to?

- Great tips and strategies to save on your time.

- The essence of self worth and the importance of saying no. 

Connect with Lucas Rubix:

- Website: https://lucasrubix.com/

- YouTube: https://www.youtube.com/lucasrubix

- Facebook: https://www.facebook.com/lucas.rubkiewicz

Connect with Luis:

- Website - https://www.podcastdomination.co/

- Instagram- https://www.instagram.com/luisryandiaz/

- Facebook- https://www.facebook.com/luisryan4

Scaling a brick and mortar gym business to 20 locations is a feat that any business owner can be proud of. Bob Thompson, our guest today said he makes mistakes on a daily basis. He will share with us not one but two expensive mistakes he made while making his business grow, to the point that he almost shut it down right after he opened his second location.

In this episode:

- How Bob Thompson started the Legion Transformation Center

- The first of the two mistakes - Not having the right people in the right seats.

- How was he able to find the integrator person that he needs in his business 

- The second mistake - Learn why you should not fear sharing your numbers and the advantages of sharing it to your team

Resources:

- Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business by Gino Whitman

Connect with Bob Thompson:

- Facebook: https://www.facebook.com/bob.thompson.1232

- Instagram: @iambobthompson

Connect with Luis:

- Website - https://www.podcastdomination.co/

- Instagram - https://www.instagram.com/luisryandiaz/

- Facebook - https://www.facebook.com/luisryan4

Sometimes when you embark on a new project and everything looks good but you have a gut feeling that you’ll lose every penny you have, you need to stop and address it right there, no matter how slight the gut feel was. This was not what our guest in today’s episode of Burning Money did. He went through it still because he felt he needed to get started and whatever the outcome will be, he will learn from it anyway. At the end of the day, he still won because he kept moving back up. Our guest, Chris Baden  lost $125.00 from a deal and on another, more than $700,000 in their software company, but for him it’s not the amount of money that was lost. Listen on and know why Chris thinks losing both amounts of money does not differ in the deeper context of it all. Great take-aways on this episode, enjoy listening!

In this episode:

- What is that core skill that has changed his life?

- Key takeaway from the biggest mistake while scaling up

- Why is it important to put everything on paper

- A quick story where Chris lost over $700,000 in their software company.

- Why is it important to know where the money is coming from, where it is going, and who gets it, before you start on your entrepreneurial journey?

- Conviction vs Convincing, which is better as a sales pitch?

- It's not the amount of money that was lost because the experience, the thinking, the emotions, the principles are not any different from losing a small amount or a big amount.

Resources:

- The Book that was mentioned in the interview:   Real Artist Don't Starve: Timeless Strategies for Thriving in the New Creative Age by Jeff Goins 

Connect with Chris Baden:

- Facebook: https://www.facebook.com/chris.baden.55

- Facebook Group: https://www.facebook.com/groups/SalesAscendersInnerCircle

Connect with Luis:

- Website - https://www.podcastdomination.co/

- Instagram - https://www.instagram.com/luisryandiaz/

- Facebook - https://www.facebook.com/luisryan4

Our guest in this episode of Burning Money podcast has made every copywriting mistake under the sun to figure out what does (& doesn't) work. The biggest and costly mistake which cost him a year's worth of his salary was around the creative process. We have Clay Manley with us today and he will share how an oversight in the protocols cost him that much while working on a project for one of the biggest pet retailers in the world. Where did he go wrong? Listen up and learn from his mistake.

In this episode:

- How Clay ended up doing what he’s doing now as an A-list sales copywriter for big brand narrator & creative consultant. 

- The mistake that cost him a year’s worth of his salary.

- How long does it take for a creative process to work out 

- Why is it important to do intensive research and look out for what's already out in the market

Connect with Clay Manley:

- Instagram: @clay.manley

- Facebook: https://www.facebook.com/profile.php?id=6853281

Connect with Luis:

- Website- https://www.podcastdomination.co/

-Instagram- https://www.instagram.com/luisryandiaz/

- Facebook- https://www.facebook.com/luisryan4

There are some business mistakes that cannot be quantified in terms of money lost. Such was the experience of our guest in this episode of Burning Money, Dave Ruel, who not only burned money but got burned out, he had to sell his shares in the company he helped to scale. Today, he helps entrepreneurs to become better business leaders and sustain steady growth through a methodology he created through his company Effic. He is also the author of the best selling book, “Done by Noon: How to Achieve More by Noon Than Other Entrepreneurs In a Full Day”, which tackles how business owners can veer away from becoming workaholics and from getting sucked into the dark side of entrepreneurship.

Enjoy listening!

In this episode:

- The background of Dave Ruel, a former competitive physique athlete turned serial entrepreneur, author, speaker, and leadership mentor. 

- Why do most entrepreneurs become drifters? 

- Story behind the three businesses that Dave is running at the same time and why the 2nd and the 3rd business were a mistake?

- Why is scaling growth not 'the style' for Dave Ruel

- Learn the methodologies into the four types of tasks so you won't become a drifter

Resources:

- “Built to Sell: Creating a Business That Can Thrive Without You” by John Warrillow

- Get your free copy of the book, Done By Noon: https://www.donebynoonbook.com/

Connect with Dave Ruel:

- Website: https://www.effic.co/

Connect with Luis:

- Website- https://www.podcastdomination.co

- Instagram- https://www.instagram.com/luisryandiaz/

- Facebook- https://www.facebook.com/luisryan4

As business owners, you will often commit mistakes when trying to scale. A common perspective into scaling means growing up your team and hiring for several job positions. It can be a very expensive decision when job positions become too much for what is really needed in the business.  There is nothing wrong with staying small when it can give you better leverage into profitability. For Joel Erway, this was the biggest and most expensive business decision that caused his company to almost sink. However, if it were not for that mistake, he wouldn’t be able to find his true calling. FInd out more on how he was able to pivot and scale his business to something he enjoys at the same time. 

In this episode:

- Joel Erway’s background and how he helps people craft their offers that resonate with their audience.

- The big mistake and lessons learned from it.  

- How giving up a couple of his projects and allowing for partnership allowed him to take more capacity

- How to turn a competitor into a partner

- There are other ways to leverage offers vs just giving people a DIY course which ultimately will not do them good in the end.

Connect with Joel Erway:

- Website: Website: https://www.joelerway.com/

- Sold with Webinars - https://www.joelerway.com/sold-with-webinars-podcast/

- Experts Unleashed - https://www.joelerway.com/experts-unleashed-podcast/

Connect with Luis:

- Website- https://www.podcastdomination.co/

- Instagram- https://www.instagram.com/luisryandiaz/

- Facebook- https://www.facebook.com/luisryan4

In this episode, we have Stefan Georgi to share his story of his biggest business blunder that has cost him millions. Stefan is a direct response copywriter whose words have grossed over $700MM and he is the co-founder of Copy Accelerator, a high end copywriting mastermind whose 170 members generate over 1.5 billion dollars in annual sales. Who would think that someone in his stature can make a big business decision that has gone wrong? Small or big businesses make mistakes one way or another, so jump on in, listen  and learn.

In this episode:

- Stefan’s background in the copywriting space.

- The story of Stefan’s one mistake that has cost him the most and the valuable lessons learned from it.

- One thing that Stefan would have told himself or would have done otherwise, going into that company that would have prevented him from making that mistake.

Resources:

- Podcast: Road to a Billion Weekly Show: https://www.stefanpaulgeorgi.com/podcast/

Connect with Stefan Georgi:

- Website: https://www.stefanpaulgeorgi.com/

- Apply to be on Stefan Georgi’s personal email list through: https://stefangeorgi.typeform.com/to/BUSfxr

Connect with Luis:

- Website- https://www.podcastdomination.co/

- Instagram- https://www.instagram.com/luisryandiaz/

- Facebook- https://www.facebook.com/luisryan4